Smava

company

About

Smava is an online loan comparison platform that offers cheaper loan options to consumers.

  • 501 - 1000

Details

Last Funding Type
Debt Financing
Last Funding Money Raised
€35M
Industries
Finance,Financial Services
Founded date
Jan 1, 2007
Number Of Employee
501 - 1000
Operating Status
Active

smava, one of the credit comparison portals in Germany, continued the strong growth path of previous years in 2019: The brokered loan volume grew by 35% from around EUR 2 billion in 2018 to around EUR 2.7 billion. Likewise, smava grew again significantly in the first quarter of 2020: smava was able to increase the loan volume brokered by 45% compared to the same quarter of the previous year to approx. EUR 900 million. In total, smava has already brokered more than 8 billion euros in loans.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
€35M
Smava has raised a total of €35M in funding over 2 rounds. Their latest funding was raised on May 27, 2020 from a Debt Financing round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
May 27, 2020 Debt Financing €35M 1 Kreos Capital Detail

Investors

Number of Lead Investors
Number of Investors
1
1
Smava is funded by 1 investors. Kreos Capital are the most recent investors.
Investor Name Lead Investor Funding Round
Kreos Capital Yes Debt Financing